Industrial Starch Market

Industrial Starch Market Size & Growth (2022 - 2027):

Industrial Starch Market was worth USD 84.56 billion in 2021 and is estimated to be growing at a CAGR of 6.71%, to reach USD 117.23 billion by 2026.

The Industrial Starch market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rise in the efficiency of alternate starch sources like cassava and others. Various companies have been showing interest in the market lately. Industrial Starch is generally used for the purpose of adhesive formulations in wide range of industrial applications. It can be derived from various sources like potato, cassava, wheat etc. Starch is not only used in food industry, but it is used for non-food industries like textile, mining, paper, building materials, as a result of its adhesive nature.

Drivers and Restraints:

The rapid growth experienced by the food processing industry has in turn, largely helped the growth of the industrial starch market. Other major factors driving the industrial starch market include rise in demand for convenience foods, multiple functions related to starch as well as the growth in demand for adhesives in various industries. The market faces few restraints and challenges as well. Some of them include high investments for research and development purposes, alternatives like resin glue being used as adhesives and growth in the Arabic gum market. These factors have acted as hurdle in the path of the market.

INDUSTRIAL STARCH MARKET REPORT COVERAGE:

Market Segmentation:

Industrial Starch Market – By Source:

• Corn

• Wheat
• Potato
• Cassava.
• Corn acco

Industrial Starch Market – By Type:

• Native Starch
• Starch Derivatives & Sweeteners

Industrial Starch Market – By Application:

• Feed, Food & Beverages
• Paper Industry.

Industrial Starch Market – By Form:

• Liquid form
• Dry form

Industrial Starch Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

The Industrial Starch market was dominated by Asia-Pacific, with the overall market share of over 34% globally. Asia-Pacific was followed by Europe and North America. The Asia Pacific is predicted to grow at a rapid pace while Europe market is expected to be stagnant in the coming few years.

Key Players:

• Cargill
• Archer Daniels Midland Company
• Ingredion Incorporated
• Tate & Lyle PLC
• AGRANA Beteiligungs-AG
• Grain Processing Company
• Roquette Frères
• The Tereos Group
• Royal Cosun
• Altia Industrial Services